Busipally Nagi Reddy was a Telugu movie producer. He set up Vijaya Vauhini Studios in Chennai, which was then Asia's biggest film studio. As his elder brother had the same initials and was known as B. N. Reddy, Nagi Reddy was popularly known as B. Nagi Reddy. Some of the movies produced by Nagi Reddy include Patala Bhairavi (1951), Missamma (1955), Maya Bazaar (1957), Gundamma Katha (1962), Maduve Madinodu (1965-Kannada), Ram Aur Shyam, Shriman Shrimati, Julie (1975), and Swarg Narak (1978), the latter two of which were in Hindi. Reddy has served as the president of Film Federation of India twice during 1960-61 and 1962-63.